Tagged: robinhood markets

Robinhood Crypto Introduces API to View Market Data, Manage Investment Portfolios

Robinhood Crypto customers in the United States can now use their API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically. Robinhood Markets (NASDAQ: HOOD) is pleased to announce the Robinhood Crypto trading API, ushering in a new era… Read More

Robinhood Markets Announces $1B Share Repurchase Program, Company Stock Moves Up

The board of directors of Robinhood Markets, Inc. (NASDAQ: HOOD) has authorized a $1 billion share repurchase program, “demonstrating management and the board’s confidence in Robinhood’s financial strength and future growth prospects.” Jason Warnick, Chief Financial Officer of Robinhood, said: “As our business and cash… Read More

Robinhood Shares Response to Receipt of Wells Notice from the US Securities and Exchange Commission (SEC)

Robinhood Markets, Inc. (NASDAQ:HOOD) announced that it had received a Wells Notice from the US Securities and Exchange Commission (SEC) staff. As reported on May 6, 2024, Robinhood Crypto (RHC) received a Wells Noticer “indicating [staff] will recommend that the Commission file an enforcement action.”… Read More

Robinhood Markets Announces Business Expansion Plans, Aims to Recruit Professionals in Canada

Robinhood (NASDAQ: HOOD) explains that it was founded on a simple idea: that their financial markets should be accessible to all. With customers at the “heart” or core of their decisions, Robinhood claims that it is lowering barriers and “providing greater access to financial information… Read More

Digital Assets: Robinhood Is Introducing a Crypto App for European Union Clients

Robinhood (NASDAQ: HOOD) is launching a Crypto app, which will be offered to all eligible customers in the European Union (EU). According to a blog post by Robinhood, it is “the only custodial crypto platform where customers will get a percentage of their trading volume… Read More

Robinhood Raises Interest Rates for Gold Members to Help Clients with Increasing their Savings

Robinhood (NASDAQ: HOOD)  is raising interest rates once again for Gold members, which is reportedly 8x higher than “the national average savings rate.” As noted in a blog post, the platform is raising the Robinhood Gold rate again – this time to 5.0% APY, their… Read More

Robinhood Markets, Operation HOPE to Support Financial Education Initiative

Robinhood Markets, Inc. (NASDAQ:HOOD) is deepening our partnership with Operation HOPE through the 1865 Project, a new initiative that supports the organization’s mission to expand economic opportunity in underserved communities through financial education and empowerment. With our support, the 1865 project will allow Operation HOPE… Read More

Digital Assets: Robinhood Claims to Offer Competitive Crypto Trading Services

Robinhood (NASDAQ:HOOD) announced the results of a study—”verified” by Radius Insights—showing that Robinhood reportedly offers the “lowest cost” to trade crypto on average. The analysis compares prices quoted from various platforms and exchanges, “including Cash App, Coinbase Advanced, Coinbase, Crypto.com, and Kraken, concluding that customers… Read More

Matt Billings to Lead Robinhood Financial and Robinhood Securities

Robinhood (NASDAQ:HOOD) is pleased to announce that Matt Billings is joining the team as VP and President of Robinhood Financial LLC and Robinhood Securities, LLC effective as of – September 18, 2023. In this role, Matt will focus on furthering the firm’s commitment “to putting safety… Read More

Robinhood, Jump Trading Are No Longer Working on Crypto-related Initiatives: Report

Robinhood (NASDAQ:HOOD),  Jump Trading are no longer working cooperatively on crypto-related initiatives. Robinhood’s entry into the nascent crypto and blockchain sector a few years back had been supported by Jump Trading, a large firm focused on traditional financial services/markets. Robinhood Markets, the retail broker whose… Read More

Robinhood Lays Off 150 Workers, Citing Challenging Macroeconomic Conditions, Other Issues

Robinhood

Stock trading app provider Robinhood (NASDAQ:HOOD) has reportedly laid off another 7% of its workforce, around 150 workers. This, according to a recent update from the WSJ. With trading volumes declining considerably over the past year, the Fintech company made the cuts in order to… Read More

Robinhood Markets Signs Agreement to Acquire X1, a Provider of a No-Fee, Reward-Offering Credit Card

Robinhood Markets, Inc. (NASDAQ:HOOD) has entered into an agreement to acquire San Francisco-based X1 Inc., a platform that “offers a no-fee credit card with rewards on each purchase.” According to Robinhood, this marks “an important step in their journey towards broadening their product offerings and… Read More

Robinhood Markets Appoints Meyer Malka to its Board of Directors

Robinhood

The team at Robinhood (NASDAQ:HOOD) recently noted that they are excited to share that Micky Malka is joining Robinhood Markets’ Board of Directors “effective March 23.” Vlad Tenev, CEO and Co-Founder of Robinhood, stated: “As an early investor in Robinhood, Micky has been a partner… Read More

Dogecoin (DOGE) Trading Frenzy Leads to System Overload on Robinhood, Platform Reports “Sporadic Crypto Order Failures”

The craze around virtual tokens recently led to DogeCoin or DOGE (had started off as a joke coin and still to a great extent) putting Robinhood Markets‘ trading system under great pressure due to excessive activity. Robinhood‘s management confirmed: “On Friday morning, we saw a… Read More

Robinhood being Investigated by US Regulators over Trading Restrictions, Options Trading Policies

Robinhood Markets Inc, the leading zero-fee stock trading app provider, stated on Friday (February 26, 2021) that US regulatory authorities were investigating the firm’s temporary trading restrictions on these so-called “meme stocks” earlier in 2021. These activities have come under increased scrutiny as the shares… Read More

Robinhood Could IPO as Soon as March 2021

Robinhood Markets Inc., the digital investment and trading platform that’s largely behind or at least part of the trading frenzy in GameStop Corp.’s company shares, is reportedly planning to file confidentially for an IPO at some point next month or later, according to Bloomberg which… Read More

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